trailed out 119.84 -- didn't want to give it much room since the
system had officially exited. Want to pass on some results since I
did something unusual -- intention is to pass on a possible
variation for risk management rather than blowing my own horn since
I still had a painful loss. I took the first trade in cash but
thanks to tumbler I decided to do the other 3 entries with call
options (Oct 130,126 and 122). Bottom line with everything closed
out the net loss was 4.38% vs what I expect to be the official
result of 6.14%. The conventional method with the better exit price
resulting from todays trailing stop I did would have given a 5.63%
loss. So the calls helped reduce risk. On the other hand I assume
they would have reduced total percent gains if the trade had
worked. Would be interested in hearing other risk management
strategies people used.
continuing to trail up....internals looking
SPY System Record?
Posted by bkout3 on 15th of Aug 2011 at 10:19 am
continuing to trail up....internals looking good at the moment
Title: some various results trailed out
Posted by bkout3 on 15th of Aug 2011 at 11:11 am
trailed out 119.84 -- didn't want to give it much room since the system had officially exited. Want to pass on some results since I did something unusual -- intention is to pass on a possible variation for risk management rather than blowing my own horn since I still had a painful loss. I took the first trade in cash but thanks to tumbler I decided to do the other 3 entries with call options (Oct 130,126 and 122). Bottom line with everything closed out the net loss was 4.38% vs what I expect to be the official result of 6.14%. The conventional method with the better exit price resulting from todays trailing stop I did would have given a 5.63% loss. So the calls helped reduce risk. On the other hand I assume they would have reduced total percent gains if the trade had worked. Would be interested in hearing other risk management strategies people used.
Yep, using the 20ema on
Posted by Vida on 15th of Aug 2011 at 10:33 am
Yep, using the 20ema on 5min chart as support. Although we just painted two tick extremes at 1200 resistance..